Is San Jacinto, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Jacinto is a neutral's market

Buyer's
Market

Difference Since November 2021

At the same time last year, San Jacinto was a Seller's Market.

Key Takeaway

San Jacinto is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in San Jacinto, CA cost?

Median Sold Price

$465,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$65,000(+16.3%)

Key Takeaway

Homes in San Jacinto have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $195K$270K
+38.5%
2 $250.1K$315K
+25.9%
3 $375K$440K
+17.3%
4 $430K$500K
+16.3%
5+ $470K$530K
+12.8%

Median Sold Price Compared To Nearby Cities

Hemet-San Jacinto
+17.4%
San Jacinto
+16.3%
Hemet
+15.5%
Perris Valley
+15.0%

How many homes are available in San Jacinto, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
175165-5.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 12
+100.0%
2 2422
-8.3%
3 6561
-6.2%
4 6256
-9.7%
5+ 2324
+4.3%

Number of Homes Sold

Oct 2022Nov 2022%
3924-38.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Jacinto, you could pay more than the asking price. 54.2% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
13 Days44 Days+237.4%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in San Jacinto has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About San Jacinto, CA

Number of homes for sale in San Jacinto, CA real estate market have reached 165. The inventory of homes for sale in San Jacinto, CA between October 2022 and November 2022 decreased by 5.7%. Listings spent 44 days on the market in November 2022, and had a median list price of $465,000 during the same period. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties prices increased by 38.5%, 2 bedrooms properties became 25.9% more expensive, 3 bedrooms properties became 17.3% more expensive, prices of 4 bedrooms properties went up by 16.3%, prices of 5 bedrooms properties increased by 12.8%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 100%, 2 bedrooms homes became 8.3% less available, 3 bedrooms homes inventory decreased by 6.2%, number of 4 bedrooms homes decreased by 9.7%, 5 bedrooms homes inventory increased by 4.3%. San Jacinto, CA housing market in November 2022 saw over 13 listings sold above listed price, more than 2 sold at listed price and over 9 sold below.

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